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Trump Calls for More Rate Cuts; the Fed Demurs Again

We haven’t even gotten to New Year’s Day 2020 and already President Donald Trump is again banging the drum for interest rate cuts from the Federal Reserve Board. Well, of course, it’s not like he has other stuff to do, like ward off impeachment.

And already Fed policymaking officials are defending the idea that the 2019 three rate cuts already put into force this year are enough to support the economy.

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